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<p id="isPasted">To accurately gauge market direction, we must rely on a more extensive array of data than just (for instance) a 200 EMA. The major players recognized this fact long ago. Technical analysis is only one third of the required information.</p><p>In the Forex market, commercial banks, investment banks, hedge funds, and other major players are commonly referred to as the "smart money." This is due to their access to a wealth of resources and information, including advanced trading technology and market data such as inflation rates, interest rates, unemployment rates, Gross Domestic Product, Purchase Managers' Index, Balance of Trade, Business …</p>